Securitization - the financial framework that allowed Wall Street to package these loans into RMBS - is of enormous benefit to the economy.

Question

Quizplus · Accepted Answer

Securitization allows for the efficient allocation of capital and increased liquidity in the market, which can ultimately lead to economic growth. However, it also comes with risks and can contribute to financial instability if not properly regulated.

Securitization - the Financial Framework That Allowed Wall Street to Package